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Phishing gets personal
Tuesday, 17 May 2005, 20:48 GMT

Fraudsters are using stolen information to lure victims into divulging additional sensitive information in a new form of phishing attack. These so-called personalised phishing attacks target individual named accountholders at specific banks, according to anti-fraud software firm Cyota.

Crooks are using real information about the accountholder – such as the person’s name, correct full account number, and other bank information – to make the emails look more legitimate and thereby increase response rates. The approach contrasts with typical phishing attack where fraudsters randomly dispatch thousands of spam emails without the slightest attempts to target their attacks.

Read More at TheRegister

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